Delayed gratification is one of the most effective personal traits of successful people. People that delay gratification are more successful with their career, relationships, health, finances and really, all areas of life.
• Delayed gratification is the ability to resist the temptation for an immediate reward and wait for a later reward. Generally, delayed gratification is associated with resisting a smaller but more immediate reward in order to receive a larger or more enduring reward later.(wikipedia)
• Simply, it means making a choice which limits the ability of getting something now, for the pleasure of being able to have something bigger or better later. (start of happiness )
Spend Now or Save Now?
• One of the most common examples of delayed gratification is for a
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Research on "hot" and "cool" strategies suggests that when children cognitively represent what they are waiting for as a real reward by focusing on the reward's arousing, "hot" qualities (taste, smell, sound, feel, etc.) their self-control and delay of gratification decreases, while directing attention to a symbol of the reward by focusing on its abstract, "cool" qualities (shape, color, number, etc.), can enhance self-control and increase the delay. Optimal self-control and the longest delay to gratification can be achieved by directing attention to a competing item, especially the arousing, "hot" qualities of a competing item. For example, delays are increased when thinking about the taste and smell of popcorn while waiting to eat candy. This illustrates an individual's ability to manipulate his/her cognitive representation of external stimuli for goal-directed